MINNEAPOLIS — Catholic Eldercare has unveiled plans to develop a 65-unit seniors housing property in Minneapolis.
CAPE CORAL, Fla. — Volunteers of America has opened the doors on Palmview, an assisted living and memory care expansion at Gulf Coast Village, a continuing care retirement community (CCRC) in Cape Coral, in the Fort Myers metro.
PLYMOUTH, Minn. — Dominium, a developer and operator of multifamily communities including seniors housing, has promoted Janice Dennie to the newly created position of corporate leasing consultant at its Plymouth headquarters.
JENKINTOWN, Pa. — Presby’s Inspired Life has announced plans for a $75 million expansion at Rydal Park, a continuing care retirement community in the Philadelphia suburb of Jenkintown.
PONTE VEDRA BEACH, Fla. — HJ Sims, a Connecticut-based investment bank, has completed a $15.7 million refinancing for Vicar’s Landing, a continuing care retirement community in the coastal Jacksonville suburb of Ponte Vedra Beach.
SANDY SPRINGS, Ga., and FRANKLIN, Tenn. — Dominion Partners has opened Somerby Sandy Springs in the Atlanta suburb of Sandy Springs. The company also plans to open Somerby Franklin in the Nashville suburb of Franklin within the next two months.
ATLANTA — AdCare Health Systems (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), an Atlanta-based skilled nursing owner, has fired William McBride III, the company’s CEO and chairman of the board, amid revelations that he misrepresented his education history.
DAVIDSVILLE, Pa. — HJ Sims, a Connecticut-based investment bank has arranged a $20.2 million debt modification for Allegheny Christian Ministries. The transaction will refinance debt on Laurel View Village, a nonprofit continuing care retirement community in Davidsville, approximately 75 miles east of Pittsburgh.
HARLINGEN, Texas — KeyBank Real Estate Capital has provided a $15.4 million first mortgage loan for Regency-Windsor Atrium View.
Electronic health records, data, employee engagement and wider array of services move the bottom line for operators.